Qlik Survey Shows "Data to Insights" Leaders See 23% Increase in Revenue Through Data Pipeline Optimization
PHILADELPHIA, July 28, 2020 (GLOBE NEWSWIRE) -- Qlik® today launched two new resources that build on the recent global IDC study sponsored by Qlik, which shows organizations that invest in creating data-to-insights (D2I) capabilities through modern data and analytics pipelines are seeing significant gains.
Through the new IDC hosted assessment tool (www.D2I-Score.com), every organization can evaluate the strengths and gaps in their own data pipelines. The tool also provides a set of recommendations that will help organizations better support and focus strategic investments that can have significant bottom line impact.
“Organizations across the globe are missing a crucial opportunity to impact their performance by turning data into ongoing business value due to gaps in leaky data pipelines,” said James Fisher, Chief Product Officer at Qlik. “Qlik’s unique end-to-end approach to data integration and analytics can help any organization act at the speed of data through improved data-to-insights capabilities that drive tangible business outcomes.”
Additionally, a new Qlik data analytics application titled “Data as the New Water: The Importance of Investing in Data and Analytics Pipelines” provides a detailed geographic breakdown of the significant differences in how respondents in key markets such as the US, UK, Brazil, Australia, Singapore and Japan are positioned to either reap the benefits or fall behind competitors based on the strength of their data pipelines.
The overall survey of 1,200 business leaders shows that those companies with the highest demonstrable D2I capabilities (Leaders), resulting in strong data pipelines that drive better decisions, see significant bottom line impact.
Regardless of the regional differences, every organization is inundated with complex and varied data types. Many are struggling to maximize the value of that data since it’s flowing through unintegrated and leaky data pipelines, often due to a lack of a data catalog and change data capture capabilities. In addition, investments in AI and analytics are being undercut without an agile, automated and agnostic data pipeline that continually transforms data from any cloud, system or source into enterprise-ready information that drives action and outcomes.
Qlik’s data integration and data analytics platforms, together with its data literacy as a service offering, deliver the industry’s only end-to-end approach to Active Intelligence. Unlike traditional BI, Active Intelligence realizes the potential in data pipelines by bringing together data at rest with data in motion for continuous intelligence derived from real-time, up-to-date information, and is specifically designed to take or trigger immediate actions. This eliminates data leaks by closing the gaps from relevant to actionable data (Qlik Data Integration), actionable data to actionable insights (Qlik Analytics) and from investment to value (Data Literacy as a Service).
*Source: IDC InfoBrief, Sponsored by Qlik, “Transformative Data Through Leadership Survey”, Doc# US46445920, June 16, 2020.
A Web-based survey was sent to 1,200 organizations in in 11 countries around the globe: Australia, Brazil, Canada, China, France, Germany, India, Japan, Singapore, U.K., and U.S.
Respondents were director, vice president, and C-level decision makers.
Respondents represented organizations of varying sizes. All respondent companies had at least 1,000 employees globally.
Respondent companies represented a variety of industries including education, finance, government, healthcare, manufacturing, retail/wholesale, transportation, communication, and utilities.
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